We direct you to the necessary information in context with Silver Rate in Pune via this article. It serves you with the purpose of knowing about Silver Rate in Pune Today, the previous day and also several other past timelines.
For your benefits, this article also incorporates all the other items which you need to know about the metal.
Demand for Silver in Pune is quite high, speaking of purchasing the metal or its contracts for instance. The residents are quite enthusiastic to invest in this metal, and this article is the perfect place to fine Silver Rate in Pune Live before investing.
Silver Rate in Pune – 10 gm, 100 gm & 1 kg Silver Price in Pune Today
The change in 22 Carat Silver Rate in Pune from yesterday is given in this section. You will most precisely find the Silver Price in Pune Today, past day, the change in price it brought, the change in percentage and also the performance of the metal.
Also, Check out the Gold Rate in Pune Today
Silver Price in Pune for Last 15 Days
The last 15 days is Silver Price in Pune will help you monitor how the present trend of price has been. You can simply go through the entire table and see the upwards or downwards moving trend.
This will help you past the step of making a decision to invest in the metal.
Find Silver Rates of Top Indian Cities & States
Silver Price in Pune – Past 6 Months Price
The following sections have the data you need for a 6 months study of Silver Rate in Pune, if you require.
August 2020, Silver Rate Movement in Pune
|August-20||Silver Rate per KG|
|1st August 2020||₹ 65,110|
|8th August 2020||₹ 74,200|
|15th August 2020||₹ 68,000|
|22nd August 2020||₹ 67,100|
|31st August 2020||₹ 66,600|
|Highest Price||₹ 76,510|
|Lowest Price||₹ 65,000|
To provide you the necessary information on the Silver Rate in Pune, we have constructed this particular section. Here, you can see how the price of the commodity changed, on account of several happenings. This will show you, the major changes which happened across the month.
- Check major price points for the month, which are all mentioned to you in the form of KG. This is furthermore used to evaluate the percentage change.
- 65,110 is the record on the books, as the first price of the month, whereas the records shows Rs.66,600 as the last price of the month.
- As per the records, Rs.76,510 was the highest attained price for the month by the metal.
- Contrarily, Rs.65,000 was the lowest recorded price, as per the records.
- We also have the insights about the change in price of the metal and it was 18%
July 2020, Silver Rate Movement in Pune
|Jul-20||Silver Rate per KG|
|1st July 2020||₹ 50,050|
|8th July 2020||₹ 50,020|
|15th July 2020||₹ 53,000|
|22nd July 2020||₹ 58,950|
|31st July 2020||₹ 65,000|
|Highest Price||₹ 66,050|
|Lowest Price||₹ 48,500|
We are sure you need data for your strategy formulation, in relation with the investment process and hence, we present the entire month of July’s Silver Rate in Pune data for you to consider.
- The rise and fall in price levels are stated in the table, portraying the price at the beginning of reach week.
- The first number you need to stay aware of is the opening price, which was Rs.50,050, followed by the closing price which was recorded at Rs.65,000.
- You must know that the price of the metal went far above, to the point of Rs.66,050.
- Also, the decline in the price was as much as Rs.48,500, in the month of July.
- This bring the change of the month to 36%, which was quite a noticeable percentage, portraying there was a vast amount of fluctuation in price levels.
June 2020, Silver Rate Movement in Pune
|Jun-20||Silver Rate per KG|
|1st June,2020||₹ 50,150|
|31st June,2020||₹ 48,550|
|Highest Price||₹ 50,160 per Kg|
|Lowest Price||₹ 47,100 per Kg|
All the required information from the month of June, in relation with the Silver Rate in Pune is provided in the table above. We have the necessary insights of the metal, which will allow you to check how the present price flow is unfolding.
- Here is the price of the month, provided in terms of Kg. You can see that a lot of rates are provided and all of them in common are provided in Kg terms.
- Learn about the opening price of the metal, which was Rs.50,150, where the closing price was Rs.48,550, as provided in the table.
- You can check out the highest price level as well, which was reportedly Rs.50,160
- Lowest price on the contrary end was Rs.47,100, and well categorized for your convenience.
- On account of all the data provided, it was discovered that 6.50% was the percentage change.
May 2020, Silver Rates in Pune
|May-20||Silver Rate per KG|
|1st May,2020||₹ 41,000|
|31st May,2020||₹ 50,110|
|Highest Price||50,110/- per Kg on 31st May,2020|
|Lowest Price||41,000/- per Kg on 1st May,2020|
Starting with the first month of our discussion, if you are for a look out for May 2020 Silver Rate in Pune per Gram, this section will grant you the needful information.
- Expression used to pinpoint the Silver Rates in Pune for the month is kilograms.
- Starting with this month’s opening price, i.e. the rate as on 1st May, it was recorded as Rs.41,000.
- The closing price of the month however was recorded as Rs.50,110.
- Percentage change which happened across the month was 22.22%.
- Month recorded Rs.50,110 as the highest price, while the lowest price it recorded was Rs.41,000
April 2020, Silver Rate Movement in Pune
|Apr-20||Silver Rate per KG|
|1st April,2020||₹ 39,940|
|30th April,2020||₹ 42,520|
|Highest Price||Rs. 42,700/- per Kg on 20th April,2020|
|Lowest Price||Rs. 39,940/- per Kg on 1st April,2020|
The second month we will review is April from the year 2020. The table consists of the study of Silver Rate Movement in Pune so you can know the way this metal’s price fluctuation.
- You can check the Silver Rate in Pune per Gram from the table, which also has the highest, lowest, opening and closing price of the month.
- Somewhat noticeable shift in the price level was witnessed in the month, as the percentage change witnessed was -6.04%.
- First recorded rate of the month was Rs.39,940, while the last recorded rate of the month was Rs.42,520
- Highest level this metal reached for the month was Rs.42,700.
- On the contrary end, the lowest price this metal hit for the month was Rs.39,940
March 2020, Silver Rate Movement in Pune
|Mar-20||Silver Rate per KG|
|1st March,2020||₹ 48,500|
|31st March,2020||₹ 39,480|
|Highest Price||Rs. 51,080/- per Kg on 7th March,2020|
|Lowest Price||Rs. 39,480/- per Kg on 31st March,2020|
Happenings of the month play a major role in the Silver Price Movement in Pune, and this section gives out the information on the changing numbers on account of March’s happening list.
- Take an investment decision sooner or later following the Silver Price in Pune per Gram pattern provided in the table. You can see that the performance for the month has been kinda high, as a major rise in price level was witnessed.
- So, the lowest recorded price of the month was witnessed on the last day of the month, i.e. Rs.39,480.
- Then, we have the highest price of the month which stood at Rs.51,080
- The percentage change however is recorded to be 17.66%.
- Opening price of the month was Rs.48,500, whereas the closing price of the month was Rs.39,480.
February 2020, Silver Price Movement in Pune
|Feb-20||Silver Rate per KG|
|15th February,2020||₹ 49,500|
|29th February,2020||₹ 48,500|
|Highest Price||Rs. 51,500/- per Kg on 24th February,2020|
|Lowest Price||Rs. 48,500/- per Kg on 29th February,2020|
Here is what you need to know about the 22 Carat Silver Rate in Pune, for the month of February. You can make your call of investment on basis of the trend seen in the month of February 2020.
- Make a call on investment based on the Silver Rate in Pune per gram data, which was pretty tiny for this month. Prices were more or less quite stable.
- Here are the month’s opening and closing prices – Rs.49,500 and Rs.48,500.
- Accordingly, the percentage change which was witnessed across the entire month was commuted to be 1.94%.
- Speaking of the highest price of the month, we have Rs.51,500, as expressed in kg.
- The other end of the spectrum is the lowest recorded price, which stood at Rs.48,500.
January 2020, Silver Price Movement in Pune
|Jan-20||Silver Rate per KG|
|1st January,2020||₹ 49,350|
|23rd January,2020||₹ 49,000|
|Highest Price||Rs. 51,000/- per Kg on 6th January,2020|
|Lowest Price||Rs. 48,900/- per Kg on 14th January,2020|
Our discussion for 5th month 22 Carat Silver Price in Pune evaluation is January 2020. This month’s Silver Price in Pune movement is well explained below.
- Almost negligible price change in the highest and the lowest price levels of the company was witnessed.
- So, the percentage change which was derived from the price shift is 0.69%.
- Recorded first price of the month was Rs.49,350, while the last recorded rate was Rs.49,000.
- Highest price was witnessed on 6th of the month, where the metal’s price stood at Rs.51,000, which was way higher than the closing price.
- On the other hand, the lowest recorded price level of the month was Rs.48,900 as recorded on 14th of the month.
December 2019, Silver Rate Movement in Pune
|Dec-19||Silver Rate per KG|
|1st December,2019||₹ 46,650|
|31st December,2019||₹ 49,350|
|Highest Price||Rs. 49,350/- per Kg on 31st December,2019|
|Lowest Price||Rs. 46,650/- per Kg on 1st December,2019|
The table was featured to provide you the information on 24 Carat Silver Rate in Pune, for the month of December 2019. For a better view of Silver Rate in Pune for the month, refer to the pointers provided below.
- The kilogram information of the month we have shows that the month experienced a firm rise in price level towards the last day of the month.
- It is depicted by the percentage change in performance of the price, i.e. -5.47%
- The month started with the price unit of Rs.46,650, while it ended with the rate Rs.49,350.
- Highest point of the month was witnessed at the end of the month, i.e. 31st December with the rate of Rs.49,350
- However, the lowest of price level was seen in the first day of the month, i.e. Rs.46,650.
Silver Rate in Pune – Trend in 2020
Let us move on with the article, and discuss the Silver Rate Trend in Pune for the year 2020. This year has come up with a lot of challenges, which is on account of the global pandemic COVID-19.
Today Silver Rate in Pune are soaring high as the demand for the metal is on rise, because the economies are shrinking, and metals are considered safe hub of investment.
Other factors which are a major reason for the change in price levels are trade tensions with the neighbours, the shift in dollar value and other similar yet major happenings.
Check out Silver Rates of other Indian Cities & States
Silver Rate in Pune – Trend in 2019
If you take a look at the Silver Rate Trend 2019 in Pune, you will see a constant fluctuation rather than a same fashion of change.
This is just like any other year, where the Historical Silver Rate in Pune keeps fluctuating, both in up and downwards movement.
Well, let us check out some of the major happenings from the year 2020, which caused constant change in price levels.
They were change in demand, brexit deal, stock market rates, Dollar value change, and other similar instances.
What makes Silver Rates in Pune to increase or decrease?
We have the list of major events which lead to the basic change in Silver Rate in Pune as on today. First on the list is Dollar value changes, then we have the government policies, RBI policies, demand and supply equilibrium, import and export change, crude oil prices, and the list goes on.
Well, the major event which causes the greatest of impacts is the demand created by the industries. Industries are the greatest consumers of this metal, and the proportionate use of this metal they make, have a direct impact on the Silver Rate in Pune today per gram.
What are the various measuring units of Silver in Pune?
You must know that the Silver in Pune is weight in the similar manner as gold is. The many measuring units to sell or purchase silver are troy ounces, million ounces, grams, kilograms, tonnes, short tonne, metric tonnes, tolas etc. However, troy weight and grams are the widely used units.
You must however know the weights of some of the most common measuring units. To lend you a hand, here are the ones you must know about.
- 1 Troy ounce = 31.1035 gram
- 1 tonne = 1000 kilogram
- 12 masha or 11.67 gram = 1 tola
Find Silver Rates of other Indian Cities & States
|Silver Rate in Uttar Pradesh||Silver Rate in Bhubaneswar||Silver Rate in Jaipur|
|Silver Rate in West Bengal||Silver Rate in Chandigarh||Silver Rate in Lucknow|
|Silver Rate in Ahmedabad||Silver Rate in Coimbatore||Silver Rate in Patna|
How much is the Tax Levied on Silver Rate in Pune?
Tax on Silver Rate in Pune is to be borne by the customer, and if you choose to purchase this metal, you shall be obligated to pay a making change and also a certain amount of tax. Now, the making charge is somewhat dependent upon the trader you choose.
However, speaking of the Tax level, it is imposed by the government. You only need to pay a 3% of GST on the product, as Goods and Service tax was imposed since the year 2017.
How to check Silver purity in Pune?
Now, as the pure and silver gold have certain amount of purities in them, silver too requires a percentage of purity.
You can denote a product pure, and pay as per the Pure Silver Rate in Pune when you see that the product has a proportion of 94.79% silver, where 5.21% of other metals can exist.
There are many ways in which you can figure out the pure silver product from the others. For instance, try to run a magnet over the product, and if the product does not stick to the magnet, it can be considered as pure. It is because; no pure silver product would stick to a magnet.
Silver Rate in Pune – Conclusion
On the final note, you can make your investment in this metal in products form or even in contract. You have access to all the Silver Rate in Pune from various timelines, which will help you take a well read decision which will also yield you sufficient profits.
We keep updating the Today Silver Rate in Pune as per the present price levels. You can check out how the metal in performing on a daily basis here.